Question: Problem 1 1 - 1 9 ( Algo ) The annual demand for a product is 1 3 , 8 0 0 units. The weekly

Problem 11-19(Algo)
The annual demand for a product is 13,800 units. The weekly demand is 265 units with a standard deviation of 80 units. The cost to place an order is $30.00, and the time from ordering to receipt is eight weeks. The annual inventory carrying cost is $0.10 per unit.
a. Find the reorder point necessary to provide a 95 percent service probability
 Problem 11-19(Algo) The annual demand for a product is 13,800 units.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!